Quantisnow Logo
Dashboard

Genuine Parts Company Announces Changes to the Board and Declares Regular Quarterly Dividend

$GPC
Automotive Aftermarket
Consumer Discretionary
Get the next $GPC alert in real time by email

ATLANTA, April 30, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, announced that its shareholders elected Mr. Charles "Chuck" K. Stevens as a new director of the company. Additionally, Mr. E. Jenner Wood has retired as a director.

Mr. Stevens held the position of executive vice president and chief financial officer of General Motors Company from 2014 to 2018. Prior to that role, he held a variety of leadership positions within General Motors Company's finance team.

"We want to extend our sincere gratitude to Jenner for his nearly 10 years of service on our board. We thank him for his leadership and many contributions to GPC," said Paul Donahue, Chairman and CEO. "As Jenner retires, we would also like to welcome Chuck to our Board of Directors. His extensive experience in the automotive industry, along with his financial and accounting expertise, make him a valuable addition to our board. We look forward to his future contributions to GPC."

In addition, GPC's Board of Directors declared a regular quarterly cash dividend of one dollar ($1.00) per share on the company's common stock. The dividend is payable July 1, 2024 to shareholders of record June 7, 2024.

About Genuine Parts Company

Established in 1928, Genuine Parts Company is a leading global service organization specializing in the distribution of automotive and industrial replacement parts. Our Automotive Parts Group operates across the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal, while our Industrial Parts Group serves customers in the U.S., Canada, Mexico and Australasia. We keep the world moving with a vast network of over 10,700 locations spanning 17 countries supported by more than 60,000 teammates. Learn more at genpt.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/genuine-parts-company-announces-changes-to-the-board-and-declares-regular-quarterly-dividend-302130830.html

SOURCE Genuine Parts Company

Get the next $GPC alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$GPC

DatePrice TargetRatingAnalyst
4/1/2025$114.00Neutral → Sell
Goldman
1/17/2025Buy → Neutral
Northcoast
1/16/2025$155.00Buy
Loop Capital
10/12/2023$160.00Neutral
UBS
6/28/2023$195.00Buy
Northcoast
6/1/2023$185.00 → $189.00Neutral → Buy
BofA Securities
5/2/2023$163.00 → $164.00Sell → Neutral
Goldman
3/24/2023$186.00Hold → Buy
Truist
More analyst ratings

$GPC
 Press Releases

Fastest customizable press release news feed in the world

See more

  • Genuine Parts Company to Report First Quarter 2025 Results on April 22, 2025

    ATLANTA, April 1, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release first quarter financial results on April 22, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 30546#, two hours after completion of the conference call.

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

  • Generational Capital Markets Advises M.B. McKee Co., Inc. in its Sale to Motion Industries, Inc.

    Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, M.B. McKee Co., to Motion Industries, Inc. The acquisition closed on January 31, 2025. Located in Lubbock, Texas, M. B. McKee Co., Inc. is a family-owned distributor of industrial equipment and supplies, proudly serving customers since 1943. Specializing in mechanical bearings, belts, chains, conveyor systems, motors, drives, and power transmission components, the company caters to industries including agriculture, food processing, manufacturing, and textiles. Known for exceptional customer service and innova

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

  • Genuine Parts Company to Present at the UBS Global Consumer and Retail Conference

    ATLANTA, Feb. 26, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today that Will Stengel, President & CEO, and Bert Nappier, EVP & CFO, will present at the 14th Annual UBS Global Consumer and Retail Conference at 9:00 a.m. ET on Wednesday, March 12, 2025. The presentation will be webcast live on the company's investor relations website. A replay of the webcast will be available after the event.  About Genuine Parts CompanyEstablished in 1928, Genuine Pa

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

$GPC
 Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$GPC
 Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$GPC
 Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$GPC
 SEC Filings

See more

$GPC
 Leadership Updates

Live Leadership Updates

See more

  • Generational Capital Markets Advises M.B. McKee Co., Inc. in its Sale to Motion Industries, Inc.

    Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, M.B. McKee Co., to Motion Industries, Inc. The acquisition closed on January 31, 2025. Located in Lubbock, Texas, M. B. McKee Co., Inc. is a family-owned distributor of industrial equipment and supplies, proudly serving customers since 1943. Specializing in mechanical bearings, belts, chains, conveyor systems, motors, drives, and power transmission components, the company caters to industries including agriculture, food processing, manufacturing, and textiles. Known for exceptional customer service and innova

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

  • Genuine Parts Company Announces CEO Leadership Transition

    Paul Donahue to Transition to Executive Chairman  Will Stengel Appointed President and Chief Executive Officer ATLANTA, April 29, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global distributor of automotive and industrial replacement parts, announced today that Paul D. Donahue will transition from chairman and CEO to executive chairman, effective June 3, 2024. At that time, William P. Stengel, II, currently president and COO, will succeed Mr. Donahue as president and CEO of GPC and will serve as a member of the board of directors. "The board is confident t

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

  • Genuine Parts Company Announces New Board Member

    Darren Rebelez Named to Board of Directors ATLANTA , June 1, 2023 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC) announced today that its Board of Directors appointed Darren Rebelez as a new independent director of the company. Mr. Rebelez is the President and Chief Executive Officer of Casey's General Stores, Inc. (NASDAQ:CASY), the third largest convenience retailer and fifth largest pizza chain in the United States, where he is responsible for the company's overall strategic plan and operating success. Previously, he served in executive roles at IHOP Restaurants, 7-Eleven

    $CASY
    $GPC
    Retail-Auto Dealers and Gas Stations
    Consumer Discretionary
    Automotive Aftermarket

$GPC
 Financials

Live finance-specific insights

See more

  • Genuine Parts Company to Report First Quarter 2025 Results on April 22, 2025

    ATLANTA, April 1, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE:GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release first quarter financial results on April 22, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 30546#, two hours after completion of the conference call.

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

  • Genuine Parts Company Reports Fourth Quarter and Full-Year 2024 Results

    Declares Dividend Increase for 69th Consecutive YearProvides 2025 Outlook Fourth Quarter 2024 Highlights Sales of $5.8 billionDiluted EPS of $0.96Adjusted Diluted EPS of $1.61Full-Year 2024 Highlights Sales of $23.5 billionDiluted EPS of $6.47Adjusted Diluted EPS of $8.16Cash from Operations of $1.3 billion; Free Cash Flow of $684 millionReturned $705 million to Shareholders via Cash Dividends and Share Repurchases2025 Outlook Revenue Growth of 2% to 4%Adjusted Diluted EPS of $7.75 to $8.25Dividend Increase of 3%ATLANTA, Feb. 18, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions,

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

  • Genuine Parts Company to Report Fourth Quarter and Full-Year 2024 Results on February 18, 2025

    ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, plans to release fourth quarter and full-year financial results on February 18, 2025. Following the release, management will host a conference call at 8:30 a.m. ET. The public may access the webcast and supplemental earnings materials on the company's investor relations website. The call is also available by dialing 1-800-836-8184. A replay of the call will be available on the company's website or toll-free at 1-888-660-6345, ID 95562#, two hours after completion of the conference call.

    $GPC
    Automotive Aftermarket
    Consumer Discretionary

$GPC
 Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more